Lender History:
The history of B2B Bank, a subsidiary of Laurentian Bank of Canada, dates back to 1996 when Laurentian Bank acquired the personal and commercial portfolios of North American Trust. Over the years, the company expanded through additional acquisitions, including Sun Life Trust in 2000 and the MRS Group of Companies in 2011. Originally known as B2B Trust, it rebranded as B2B Bank in 2012 after becoming a Schedule I bank. B2B Bank is now considered an alternative lender.
Lender Niches
B2B Bank offers a range of niche mortgage solutions tailored to clients who don’t always fit the traditional lending mold. Their stated income program for self-employed borrowers makes it easier for business owners to qualify without full income verification. They also offer a net worth program for high-asset clients, a strong rental property program for real estate investors, and equity-based lending for clients with significant home equity. B2B Bank provides flexible, alternative solutions where other lenders may say no.
Factors to consider:
B2B Bank offers both A and alternative lending programs, making them a versatile option for a wide range of borrower profiles. However, it's important to know that their specialty programs—such as stated income or net worth lending—typically come with higher interest rates. To avoid delays, clients should also ensure that all required documents are submitted at the time of application, as B2B has strict upfront documentation requirements. Being prepared helps make the most of what B2B has to offer.
Contact Information and Links for B2B Bank:
Head Office Location:
199 Bay Street, Suite 600
PO Box 279 STN Commerce Court
Toronto ON M5L 0A2
